August 28, 2026

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Court OKs Bank of America’s $72.5 Million Settlement With Epstein Accusers

A federal judge said on Thursday he would grant final approval to Bank of America’s $72.5 million class-action settlement with women who accused the second-largest U.S. bank of facilitating their sexual abuse by the late financier Jeffrey Epstein. U.S. District …

Meta Settlement Opens New Front in Global Fight Over Social Media Harm

Meta’s move to restrict teenagers’ use of social media in the U.S. shows companies have tools to better protect young people online, Australian officials said on Thursday, while in the Philippines, an official said the U.S. company had pledged to …

LA Fire Zone Set to Get $3 Million Homes Funded by Muni Bonds

More than a year after wildfires devastated Pacific Palisades, a nonprofit is advancing a plan to tap the public debt market to create housing in the slow-to-recover Los Angeles wealthy enclave. Uplifters Foundation plans to build new $3 million houses …

Google to Pay $354 Million to Settle App Developer Class Action

Alphabet Inc. has agreed to pay £260 million ($354 million) to settle a U.K class action accusing the U.S. firm of abusing its dominance and charging excessive commissions to app developers. The claim alleged Google imposed “excessive and unfair” commissions …

As AI Agents Go Rogue, Cyber Insurers Are Adapting Their Policies

– Cyber insurers have spent years defining what constitutes a hack and when coverage should pay out, but the rapid emergence of AI agents is raising new questions, forcing insurers to review their policies. Leading AI developers OpenAI, Anthropic and …